Thursday, August 20, 2009

796 Is the New 16,000

Remember how the stimulus bill was going to "create or save" 600,000 jobs by the end of August? For New Hampshire, that would have meant 16,000 new jobs. How many have they "created or saved"?


That’s how many jobs measured in full time equivalents were paid for with stimulus dollars as of the end of June. Just about all of them, 700, are government workers who otherwise would have been laid off.

In other words, more taxpayer-paid-for employees got to keep their jobs because...taxpayers paid additional funds for them.

Yeah, that stimulus bill is workin' good!